{"data":{"id":"us-tx/tex.-finance-code-393.611","jurisdiction":"us-tx","citation":"Tex. Finance Code § 393.611","heading":"MINIMUM ASSETS FOR LICENSE.","body":"A license holder shall maintain net assets used or readily available for use in conducting the business of each of the offices for which a license is held under this subchapter, in an amount that is not less than the lesser of:\n(1) $25,000 for each office; or\n(2) $2,500,000 in the aggregate.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594), Sec. 2, eff. January 1, 2012.","path":["FINANCE CODE","TITLE 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES","CHAPTER 393. CREDIT SERVICES ORGANIZATIONS","SUBCHAPTER G. LICENSING AND REGULATION OF CERTAIN CREDIT SERVICES ORGANIZATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.393.htm#393.611","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"23b3d905dc5a8e8177068843eab1f902b613ce9a19df14b4e47579a94f8058eb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-393.610","next":"us-tx/tex.-finance-code-393.6115"},"notice":"GroundRules: Original legal text. Not legal advice."}